MUFG says US greenback to rise if Trump wins, however a lot of it priced in already

The information from MUFG has been round, however ICYMI.

In short:

• US greenback will possible rise initially if Trump wins election
• Trump’s remarks point out a better threat that he’ll implement inflationary tariffs extra rapidly than he did throughout his first time period as president
• Given the rise of the USD throughout October additional features may very well be restricted, rise being ‘priced in’
• EUR/USD more likely to break below 1.05, however not beneath parity

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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